Bank of Scotland is reportedly planning to sell half of its

Peter Cummings, Managing Director of Bank of Scotland’s integrated structured acquisition finance and equity team, would not say which investments would be put on the market, but confirmed that around £200m of shopping centres would be sold.

Cummings added that not all the proceeds of the sale would be reinvested in commercial property. “We won’t be as aggressive as over the past few years. We plan to sell around £400m of equity investments this year - £3.5bn by value of assets